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Author Topic: Real life usage of bitcoin  (Read 8927 times)
roller24
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July 14, 2018, 06:09:05 PM
 #741

Now even developed countries do not accept bitcoin as a means of payment for goods and I am not sure that this situation will change in the near future.
aryadiningrat123
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July 14, 2018, 06:15:44 PM
 #742

Many people will receive the payment with bitcoin at the store so we do not have to worry if the confirmation time is still long because it will also be sent but so we do not have to worry
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July 14, 2018, 06:19:56 PM
 #743

Bitcoin real life usage is buying items online, trading and investing. These are my usage of bitcoin were could really helps me in my daily life and gives extra income.

I'm wondering what extra income is bitcoin giving you. I believe you might be earning something from bounty, but that's not bitcoin that is earning you money, it's different altcoins
SingAlong
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July 15, 2018, 03:11:19 AM
 #744

Bitcoin was created as very convenient, easiest and fastest payment system and monetary system. It is also used as investment, trading and doing some transactions or purchasing goods "buy and sell". But this is not the only use of bitcoin it also brings opportunities who wants to find alternative job by using only your phones and internet. It is also a good source of income to pay all the bills and expenses, wants and our primary needs.

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July 15, 2018, 08:05:52 AM
 #745

Transferring Bitcoin to regular fiat is the most manageable method right now since people don't like to wait hours or days just for one confirmation.

bitcoin is a conductor of a Fiat in altcions and back. bitcoin the main unit of the creep is for investment. transfers can now be made cheaper by other crypto currencies.

ParveZ219
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July 15, 2018, 08:12:47 AM
 #746

Don't you think price blast not correlate with its real life usage since its inception?

Its hoarded for speculative purpose but how many major cities in the world have even its ATM?

I mean we all the time correlate its value with fiat currency then buy/take then what's its purpose in my day to day life?

Who will accept it in store when confirmation time is so long.
Now may be most of online  shopping sites started accepting bitcoins,Some people are trading it which is the main thing it is used for...Even it is kept as an asset for long term investment....and one more purpose it is used is that by the drug peddlars,gun sellers(illegally) as bitcoins are totally almost anonymous so they are using bitcoin as their currency which is the reason that normal people are fearing to use bitocoins.
Bruce1614
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July 15, 2018, 08:20:53 AM
 #747

I concur that in a large portion of the nations there is yet no foundation produced for the normal use of bitcoin however it doesn't imply that bitcoin is futile. We are still in the beta stage and we presently can't seem to achieve developments. Bear in mind the speed of the web in the initial couple of long periods of its development and when you contrast it and that of the present web what do you discover? Same about computerized stockpiling, registering force thus numerous creations out there. Things set aside the opportunity to create and the individuals who have confidence in it are collecting it with the end goal of benefits, nothing amiss with it.
RiskySanchez
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July 15, 2018, 08:22:38 AM
 #748

In my country part of Asia that accept Bitcoin payment is only in one city and that is commercial hotel, I think Bitcoin to get into real life completely will be difficult if transactions that we do in black market and even then only happen in online shoping only. Bitcoin completely still not legalized by the country in the world but its presence is still full of questions because it can still be an asset whose exchange value is not significant

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Dangdingdongbray
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July 15, 2018, 08:25:51 AM
 #749

For me Currently bitcoin we can not use in everyday life. the government in my country has announced that bitcoin should not be used as a means of payment but the government does not forbid people to work on bitcoin. I can still use bitcoin and exchange it with currency in my country, that's all I can do so I can buy something from my work in bitcoin.
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July 15, 2018, 08:49:29 AM
 #750

Some online stores accept bitcoin as payment. As for me i pay for internet service with bitcoin and send fund overseas in bitcoin is way more convenient.
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July 15, 2018, 08:52:26 AM
 #751

Some online stores accept bitcoin as payment. As for me i pay for internet service with bitcoin and send fund overseas in bitcoin is way more convenient.
I think one if the real life usages of bitcoin is as a payment. I’m using bitcoin as a payment, I’my paying my bills through it. Also, I do cash out and use it to pay my other bills.

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July 16, 2018, 08:14:55 AM
 #752

If you look back bitcoin was developed after the great economic depression which is caused by the incompetency of the higher hierarchy of the financial sector and they literally gambled with everyones wealth,so in my opinion it is developed to have a control over our asset than a third party.
Ava Duvall
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July 16, 2018, 08:51:48 AM
 #753

After knowing bitcoin I can buy valuable items, bitcoin is very useful if you know how to use it and many other things about bitcoin.

Items like? Could you give definitive examples ? I believe in the real world there is not much you can buy, its not that popular. Perfect for online transactions though, and every useful
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July 16, 2018, 09:17:20 AM
 #754

Bitcoin and all other cryptocurrencies as a whole has wide range of application like on e-commerce and trading. As it has been also define as a monetary service used to store wealth. Anyway, it is still unrealizable to small scall transactions now since transaction fees are a bit high but this bitcoin is very relevant on doing large-scale transactions anywhere around the globe at lower fees compared to banking and money transfer services nowadays. This will revolutionized and further enhanced our banking and monetary aspects of our economy.

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July 16, 2018, 10:08:12 AM
 #755

First of all you can buy something using bitcoin payments. It is not popular for your time in the world but still you can do it. I believe in the future you can by what you need use only Bitcoin.

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July 16, 2018, 10:20:53 AM
 #756

Some online stores accept bitcoin as payment. As for me i pay for internet service with bitcoin and send fund overseas in bitcoin is way more convenient.
I think one if the real life usages of bitcoin is as a payment. I’m using bitcoin as a payment, I’my paying my bills through it. Also, I do cash out and use it to pay my other bills.

With the right exchanges, ATMs ects now BTC as a way of payment can be used almost for anything, from online stores to buy any produce to gambling or betting.

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July 16, 2018, 10:38:05 AM
 #757

Yes, there are other real world uses. In my city I can buy a beer with it. I can pay for the stuff from Amazon using Purse.io. And some Internet shops are accepting Bitcoin directly.
Peter Bailey
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July 16, 2018, 10:43:06 AM
 #758

Dude. Crawl out from under that rock and Get a Coinbase\Shift card... I've been paying with btc to have grub delivered for over 3 years now. Overstock and amazon also take btc. One more easy to find step and you can monero to shapeshift to deliver all the kung pow chikn you want.
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July 16, 2018, 10:45:19 AM
 #759

Bitcoins are chosen by people as long-term speculation and then selling them causes the market to fall and buy them to continue thinking. Bitcoin has no real applications, and everyone uses it as a gip tool to make money.

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July 16, 2018, 11:04:42 AM
 #760

It is difficult for bitcoin to be widely used. The speed of transactions is slow with high fees. Moreover, it is also suspected by some
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